The crypto-verse has witnessed several conflicts over the course of its existence. While some have turned into detrimental instances, a few others seem to have been resolved. Cardano creator Charles Hoskinson often finds himself in a feud with members of other communities. Over the last couple of days, however, he seemed to be warming up the Dogecoin community.
Elon Musk’s big Twitter takeover certainly opened up many doors for Dogecoin. Hoskinson even said that if Musk integrated Dogecoin into Twitter, the cryptocurrency might finally start to find use. In addition to this, Hoskinson advocated for the adoption of Dogecoin as a Cardano sidechain to Twitter.
Amidst this, he even recorded a video for Musk on “How to build decentralized Twitter using Doge and Cardano for Profit and Pleasure.” However, Billy Markus the co-founder of the Dogecoin network along with others in the community snubbed Hoskinson.
Things seemed to be finally changing as Markus was extending “an olive branch.” In a series of tweets, Markus noted that he was “overly hostile” and even apologized to the Cardano creator. Hoskinson, in no time, acknowledged this.
The crypto community was certainly elevated by this. Several went on to label it “bromance in crypto” while rooting for a collaboration at the earliest.
Big money moves; $1 billion worth of Dogecoin shifted
Over 399 transactions involving four million or more Dogecoin were made in the previous week, according to DogeWhaleAlert. At an average of $0.13, huge wallets moved a total of 7,949,363,850 Dogecoins worth $1,075,685,131.
It should be noted that the total fees paid for the aforementioned transaction were 865 DOGE which is worth $114.
In the meantime, the price of DOGE was sinking. The asset led the downtrend as it endured double-digit losses. At press time, Dogecoin was trading at $0.1018 with a 13.02 percent daily drop.